Maintenance cost reduction - reliability and predicative modelling

Dear Experts and users,
I am planning to use a combination of predicative modelling and FMEA process to first establish and then improve reliability of the equipment and components at customer premisses. Has any one done or heard about anything similar within a SAP environment. I've only seen especialist applications but since FMEA is now available with Enhancement Package 3 I would like to know whether or not this could be done within maybe APO
As an added twist, if such application is possible I would like to bring in all historical data already available within SAP to create a robust "baseline" of reliability and MTBUR (Mean time between unscheduled removal) of my components.
Any tips, suggestions and comments are welcome.
Cheers,
Rodrigo

Experts,
Does anyone there have any experience and/or feedback on how to do it?
Cheers,
Rodrigo

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